FinanceFeeds on LinkedIn: Prop firms Swift Funding, Audacity, Bespoke halt onboarding US traders (2024)

Terraform Labs co-founder Do Kwon is set to be extradited to the United States to face fraud charges related to massive losses suffered by U.S. investors due to its algorithmic stablecoin collapse.#terraformlabs #DoKwon #cofounder #extradition #UnitedStates #fraudcharges #algorithmicstablecoin #collapse #USinvestors #losseshttps://lnkd.in/dA5ksu73

Proprietary trading firm Instant Funding has become the latest retail platform to halt onboarding new US clients, citing a recent decision by their partner broker, ThinkMarkets.#proptrading #instantfunding #retailplatform #onboarding #USclients #propfirm #thinkmarkets https://lnkd.in/dV-KPshz

Proprietary trading firms Lark Funding and Alpha Capital have both announced changes to their operations that mainly affect their business with US clients.The Funded Trader, another retail prop platform, has also shifted its technology provider to Spotware Systems, the developer of thecTrader platform#proptrading #larkfunding #alphacapital #operations #USclients #thefundedtrader #propfirm #technologyprovider #spotwaresystems #ctraderhttps://lnkd.in/dAz-dznZ

The Pyth Network, a leading provider of real-time market data for crypto, equities, FX, and commodities to the DeFi market, has rolled out its latest feature: Bitcoin ETF Price Feeds. These feeds provide real-time, reliable price data for 13 Bitcoin exchange-traded funds, making them accessible to DeFi developers and users.#pythnetwork #marketdata #crypto #equities #FX #commodities #DeFi #bitcoin #ETF https://lnkd.in/e2vxcqiv

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Circle, the company behind the widely-used USD Coin (USDC), announced it will stop supporting its stablecoin on the Tron blockchain. The issuer said the move is part of Circle’s ongoing efforts to ensure USDC maintains its reputation as a trusted, transparent, and safe digital currency.#circle #USDcoin #USDC #tron #blockchain #stablecoin #crypto https://lnkd.in/dF_-vt5w

The financial sector’s trade evolution has led to the emergence of several financial markets that provide excellent opportunities for wealth creation.#KYC #AML #Finance #KYBhttps://lnkd.in/etiW4v28

The Pyth Network, a leading provider of real-time market data for crypto, equities, FX, and commodities to the DeFi market, has rolled out its latest feature: Bitcoin ETF Price Feeds.#BitcoinETFs #blockchain #Cryptohttps://lnkd.in/e2vxcqiv

“Aaron Brown’s wealth of experience in institutional sales, strong network and in-depth understanding of client requirements in the Middle East will help us to capitalize on recent client demand in the region, whilst delivering the same innovative, high-quality products and services we offer to all our clients globally" - Samuel Johnson, iSAM Securities#executives #mena #middleeast #primebrokerage #liquidity #trading https://lnkd.in/dbj7rk5g

“This collaboration has made setting up EMIR and MIFIR reporting for our CySEC entity a breeze, allowing us to maintain our focus on providing best-in-class pricing and top-notch customer service" - Quinn Perrott, TRAction Fintech"Our XCore trading technology provides easy and open access to trade data, helping clients like Afterprime navigate regulatory reporting with ease" - Clive Diethelm (XCore/the)"Afterprime is happy to announce our integration with PrimeXM and TRAction. This collaboration has made setting up EMIR and MIFIR reporting for our CySEC entity a breeze, allowing us to maintain our focus on providing best-in-class pricing and top-notch customer service" - Jeremy Kinstlinger, Afterprime#fx #cfd #brokers #afterprime #tradereporting #mifir #emirhttps://lnkd.in/deH5fVk8

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“We genuinely empathize with the thousands of talented traders who will now be denied access to their allocated funds, and we encourage anyone using the demo trading registration model to question whether their prop firm partner will be able to continue as an ongoing concern given recent events. Unfortunately, this could be the beginning of the end for the demo account prop firm model" - Greg Rubin, Axi#axi #axiselect #proptrading https://lnkd.in/d57VCeaN